Could you begin the process of risk assessment without knowing what to look for? Identifying potential risks is all about foresight and anticipation. The task lays the foundation for a comprehensive risk management strategy. By spotting potential HIPAA violations early, you prevent costly penalties down the line. This task involves brainstorming and expertise, and it's wise to involve a diverse group of stakeholders.
What are the potential roadblocks? Without considering different perspectives, some risks might slip through. Use risk management tools and historical data for support.